Which of the following is true of a "vanilla" bond?
a. It realizes capital gains in multiples of $1,000.
b. It provides a fluctuating stream of interest income every year.
c. It assures a return higher than the market rate of interest.
d. It has a par value payable after a certain number of years from its issuance.
D
You might also like to view...
Using the Coase theorem, why might a firm that currently pollutes a river no one owns pollute the river less if it owned the river?
What will be an ideal response?
The effectiveness of a country's military expenditures depends on _____
a. how much other nations spend in response b. whether or not they are in an arms race c. whether they have effectively estimated demand for national defense d. depends on the size of a country
Between 1960 and 2013 U.S. GDP, measured in dollars of constant purchasing power, expanded about 5.0 times. However, the standard of living only increased by 4 times over this period. Explain the difference
Why do foreigners export goods and services to buyers in the United States?
What will be an ideal response?